Compliance Assistant Manager in Fort Worth, Texas at Colonial Savings.

Job Purpose:

The Compliance Assistant Manager is responsible for working with the bank's business units to ensure they develop and maintain adequate controls to comply with applicable state and federal regulations and company policies. This position will report to a Compliance Manager and may be involved in a variety of compliance activities including consultation, implementation, training, remediation, testing, monitoring, risk assessment and reporting of compliance issues within the bank. This position may have one or more direct reports.

Duties and Responsibilities:

• Perform independent transactional testing of mortgage and deposit products to ensure compliance with applicable federal banking laws and regulations.
• Evaluate the adequacy of the "First Line of Defense" processes within business lines to ensure compliance with all applicable laws and regulations
• Work with Compliance staff and business unit liaisons to provide compliance consultation where needed
• Guide and assist business units on regulatory compliance matters
• Participate in the development and implementation of compliance training to business units
• Act as the subject matter expert in laws and regulations that impact the bank's business lines
• Assist in the development and implementation of the Compliance and Fair Lending Risk Assessments
• Assist in the implementation of the bank's various Compliance programs
• Train and assist direct report(s) and teammates in all of the above responsibilities, establishing realistic timelines for direct reports to complete tasks and providing constructive feedback to support their professional development
• Develop and maintain effective and positive client relationships
• Assist in examination coordination for OCC and/or other reviews or audits
• Various duties as assigned

Minimum Requirements

Education:

Some high school coursework High School diploma Some college completed

Associates Degree Bachelor’s Degree Master’s Degree

Certification:

Specialized knowledge/experience:

Knowledge/Skills/Abilities:

• 5+ years of experience in consumer compliance or financial services operations, including banking, mortgage servicing, and/or mortgage operations
• Must be knowledgeable with consumer financial regulations, with an emphasis in mortgage
• Excellent organizational and analytical skills, demonstrated skills in critical thinking, attention to detail, and problem-solving
• Requires excellent verbal and written communication skills, and ability to interface effectively with senior management
• Highly proficient in time management, planning and prioritization
• Demonstrated experience with process flow and process mapping
• Proficient in task, time and data management abilities
• Must be a team player and able to work independently
• Ability to meet deadlines within strict timeframes
• Ability to work in a fast paced changing environment
• Ability to work on and track multiple tasks and priorities
• Proficient computer skills, Word, Excel, PowerPoint, Visio, and Outlook
• Must be able to work effectively and efficiently under pressure

Physical Requirements:

• Regular and punctual attendance, as well as flexibility to work hours to support the needs of the Compliance Division. This may require attendance or assistance with early morning and evening meetings.
• Must be able to work additional hours when needed. (Example: month end close)
• Ability to communicate in English to locate, read, and report information
• Ability to use a personal computer equipped with standard keyboard and mouse
• Ability to sit at a standard desk for 8+ hours daily
• General mobility-ability to physically move between buildings and departments
• This position requires regular attendance during regular business hours subject to in-person supervision during working hours and in-person interaction with coworkers and supervisors

Supervisory Responsibilities, if any

• Oversee the Compliance Team's workflow and tasks.
• Developing and managing team schedules.
• Providing feedback and evaluating employee's performance.
• Identifying and helping employees advance their careers.
• Reporting to senior management and HR as necessary.
• Using communication skills to build relationships and communicate information to team members.

Interaction: When relevant to the job, a statement describing the relationships and degree of contact with internal and external individuals or groups.

Interact with business unit managers, co-workers, internal businesses within Colonial, regulatory divisions and executive management.

The above statements are intended to describe the general nature and level of work performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required. Management reserves the right to alter or amend the functions and responsibilities of this position as necessary, at any time.